Category Archives: CLD
Cloud Peak Energy: Valuable Assets But Little Income
On January 29, Cloud Peak Energy (“CPE”) announced that it had hired a team of professionals to help it review its capital structure and formulate restructuring alternatives. That followed its announcement last November that it was pursuing strategic alternatives, including … Continue reading
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Cloud Peak’s Exchange Offer
On Sept. 12, Cloud Peak Energy (CLD) launched an exchange offer for its two series of outstanding bonds: the 8.5% Senior Notes due 2019 and the 6.75% Senior Notes due 2024. The company offered to exchange up to $400 million … Continue reading